Blackstone-backed Ventive Hospitality IPO targets Rs 1,600cr for debt reduction and luxury expansion

Pallavi Madhiraju- December 17, 2024 0

Ventive Hospitality Limited, backed by global investment giant Blackstone, has set its sights on raising ₹1,600 crore through its much-anticipated initial public offering (IPO). The ... Read More

Blackstone to acquire majority stake in Jersey Mike’s Subs to fuel expansion

Pallavi Madhiraju- November 22, 2024 0

Jersey Mike’s Subs, a fast-casual submarine sandwich chain celebrated for its freshly sliced and grilled offerings, has entered into a landmark agreement with private equity ... Read More

Blackstone beats earnings estimates, CEO foresees broad-based acceleration

Pallavi Madhiraju- October 17, 2024 0

Blackstone Inc., the world’s leading alternative asset manager, reported stellar third-quarter results for fiscal year 2024-2025, exceeding Wall Street’s expectations and driving its stock up ... Read More

Smartsheet to go private in $8.4bn deal backed by Blackstone and Vista Equity

Pallavi Madhiraju- September 25, 2024 0

Smartsheet, a cloud-based work management platform, has announced a monumental acquisition deal valued at $8.4 billion, in which it will be taken private by investment ... Read More

Blackstone announces record $16bn acquisition of AirTrunk in Asia-Pacific

Pallavi Madhiraju- September 5, 2024 0

In a landmark deal, Blackstone Inc. has announced an agreement to acquire AirTrunk, the leading data center platform in the Asia-Pacific region, for an implied ... Read More

Emerson to divest remaining stake in Copeland for $3.5bn to streamline portfolio

Pallavi Madhiraju- June 10, 2024 0

Emerson (NYSE: EMR) has reached a definitive agreement to sell its 40% common equity ownership in the Copeland joint venture, formerly known as Emerson Climate ... Read More

Digital Realty and Blackstone forge $7bn data center joint venture

Pallavi Madhiraju- December 8, 2023 0

Digital Realty (NYSE: DLR), a leader in cloud- and carrier-neutral data center solutions, in collaboration with Blackstone Inc. (NYSE: BX), has announced a groundbreaking joint ... Read More

Blackstone to acquire public sector software leader Civica in strategic move

Pallavi Madhiraju- November 23, 2023 0

Blackstone (NYSE: BX), the world's largest alternative asset manager, announced its definitive agreement to acquire Civica, a prominent figure in public sector software solutions. This ... Read More

Energy Exemplar set for growth with acquisition by Blackstone and Vista Equity Partners

Pallavi Madhiraju- October 31, 2023 0

Energy Exemplar, a global leader in energy market simulation software, is set to be acquired by private equity funds affiliated with Blackstone and Vista Equity ... Read More

Blackstone to become majority stakeholder in R Systems in $359m deal

Pallavi Madhiraju- November 19, 2022 0

American alternative asset manager Blackstone said that private equity funds managed by it will acquire a majority stake in R Systems International, an Indian digital ... Read More